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Slovakia - Cocoa Powder (Not Sweetened) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCocoa Powder Price in Slovakia - 2023
Contents:
- Cocoa Powder Price in Slovakia (CIF) - 2023
- Cocoa Powder Price in Slovakia (FOB) - 2022
- Cocoa Powder Imports in Slovakia
- Cocoa Powder Exports in Slovakia
Cocoa Powder Price in Slovakia (CIF) - 2023
The average cocoa powder import price stood at $3,525 per ton in June 2023, surging by 7% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 25% month-to-month. Over the period under review, average import prices attained the peak figure in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Czech Republic ($5,656 per ton), while the price for Spain ($2,904 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Cocoa Powder Price in Slovakia (FOB) - 2022
In 2022, the average cocoa powder export price amounted to $4,347 per ton, with a decrease of -6.6% against the previous year. Over the period under review, the export price continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 14%. The export price peaked at $4,844 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($4,621 per ton), while the average price for exports to Croatia ($2,719 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (-1.1%), while the prices for the other major destinations experienced a decline.
Cocoa Powder Imports in Slovakia
In 2022, approx. 2.3K tons of cocoa powder (not sweetened) were imported into Slovakia; picking up by 9.9% on 2021. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cocoa powder imports expanded remarkably to $6.3M in 2022. The total import value increased at an average annual rate of +10.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 12%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
Import of Cocoa Powder in Slovakia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 840 | 1,312 | 1,194 | 2,339 | 40.7% |
Germany | 1,151 | 1,483 | 1,334 | 1,718 | 14.3% |
Spain | 209 | 51.0 | 382 | 501 | 33.8% |
Switzerland | 474 | 438 | 461 | 455 | -1.4% |
Czech Republic | 336 | 330 | 328 | 344 | 0.8% |
Poland | 369 | 313 | 473 | 218 | -16.1% |
Turkey | 312 | 223 | 195 | 209 | -12.5% |
Lithuania | N/A | N/A | N/A | 142 | 0% |
Ghana | 590 | 456 | 471 | 30.2 | -62.9% |
Others | 407 | 653 | 940 | 319 | -7.8% |
Total | 4,687 | 5,261 | 5,779 | 6,275 | 10.2% |
Top Suppliers of Cocoa Powder to Slovakia in 2022:
- Netherlands (798.3 tons)
- Germany (758.6 tons)
- Spain (210.7 tons)
- Switzerland (148.9 tons)
- Lithuania (85.7 tons)
- Poland (76.3 tons)
- Czech Republic (67.6 tons)
- Turkey (62.1 tons)
- Ghana (10.5 tons)
Cocoa Powder Exports in Slovakia
For the fourth year in a row, Slovakia recorded growth in shipments abroad of cocoa powder (not sweetened), which increased by 14% to 275 tons in 2022. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 50%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, cocoa powder exports expanded sharply to $1.2M in 2022. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 67%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
Export of Cocoa Powder in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 293 | 577 | 760 | 812 | 40.5% |
Hungary | 271 | 311 | 305 | 307 | 4.2% |
Croatia | N/A | 35.8 | 34.9 | 62.6 | 32.2% |
Others | 4.8 | 27.1 | 25.1 | 15.4 | 47.5% |
Total | 569 | 950 | 1,125 | 1,197 | 28.1% |
Top Export Markets for Cocoa Powder from Slovakia in 2022:
- Czech Republic (175.7 tons)
- Hungary (75.0 tons)
- Croatia (23.0 tons)
This report provides an in-depth analysis of the cocoa powder market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 665 - Cocoa Powder and Cake
Country coverage:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cocoa powder market in Slovakia.
This report provides an in-depth analysis of the global cocoa powder market.
This report provides an in-depth analysis of the cocoa powder market in Slovakia.
This report provides an in-depth analysis of the global cocoa powder market.
In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
From 2007 to 2011, global exports of cocoa powder displayed a robust growth trend, which switched to a steady decline until 2015. Exports amounted to X million USD in 2015.
The end of 2014 was marked by an unexpectedly sharp drop in cocoa consumption in the world. The European Cocoa Association recorded a decrease of between two and five percent, which was far below market forecasts.
In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
In 2016, the global cocoa powder imports totaled X tons, rising by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
From 2007 to 2011, global exports of cocoa powder displayed a robust growth trend, which switched to a steady decline until 2015. Exports amounted to X million USD in 2015.
The end of 2014 was marked by an unexpectedly sharp drop in cocoa consumption in the world. The European Cocoa Association recorded a decrease of between two and five percent, which was far below market forecasts.